I’ve been blogging about bootleggers and baptists a bit lately, so I should probably mention this excellent WSJ article on The Climate-Industrial Complex from Bjorn Lomborg.
The partnership among self-interested businesses, grandstanding politicians and alarmist campaigners truly is an unholy alliance. The climate-industrial complex does not promote discussion on how to overcome this challenge in a way that will be best for everybody. We should not be surprised or impressed that those who stand to make a profit are among the loudest calling for politicians to act. Spending a fortune on global carbon regulations will benefit a few, but dearly cost everybody else.
Do read the whole thing. Once again, here’s Bruce Yandle’s wonderful paper.
Filed under: Uncategorized | Tagged: bootleggers and baptists, environmentalism, public choice |
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